CWEP Exam Questions with 100% Verified Correct Answers

CWEP Exam Questions with 100% Verified Correct Answers How much do wedding planners typically charge for their services? - Correct Answer 10-25% of total wedding budget, combining planning and day of services Will the question "How long does the average wedding last?" help you project annual revenue? - Correct Answer No When starting your wedding and event planning business, the description on how you intend to run your business is called the ___________________________. - Correct Answer Operating plan What should your first wedding planning business expense be? - Correct Answer An investment in your education and certification To establish a positive reputation while in a new business, you should.... - Correct Answer 1. Join organizations such as the Chamber of Commerce or Association for Wedding Professionals International 2. Become certified by a nationally recognized org (like Lovegevity) 3. Always be professional, reliable, and knowledgeable about your service What are three examples of operational performance objectives? - Correct Answer 1. Quality 2. Dependability 3. Flexibility You have been told to be successful as a wedding planner, you must have a 'point of difference' to your ___________________________ - Correct Answer Competition The term 'networking' when setting up your wedding planning business applies to making association with _________________________. - Correct Answer Wedding industry organizations and other business professionals, not associated with weddings. Having sufficient "start up capital" when developing your own business means ___________________________ - Correct Answer Having sufficient funds to meet expenses before revenue is earned.